Several trends are compelling educational psychologists towards a philosophy of assessment that is asset-based and strength focused. This article shares the results from a study that explored perceptions about asset-based assessment in Educational Psychology in South Africa. Three focus groups were held and four main themes emerged from the transcribed data. Results indicate that educational psychologists perceive asset-based assessment as involving: (a) a focus on assets, (b) individual and community level assessment, (c) collaboration skills, and (d) self-reflective skills. The first three themes are congruent with asset-based theories, but the fourth theme is currently under-represented in asset-based literature and therefore in need of further research.